TCRLA_Public/111013.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                     L A T I N   A M E R I C A

           Thursday, October 13, 2011, Vol. 12, No. 203

                            Headlines



A R G E N T I N A

* ARGENTINA: Creditors Seek US$8.9BB Within 3 Years, Nacion Says


B E R M U D A

BLUEWATER PRIVATE: Creditors' Proofs of Debt Due Nov. 10
BLUEWATER PRIVATE: Member to Receive Wind-Up Report on Nov. 17
CONCEPT CAPITAL: Creditors' Proofs of Debt Due Oct. 25
CONCEPT CAPITAL: Members' Final Meeting Set for Nov. 10
COPPERTREE GLOBAL: Creditors' Proofs of Debt Due Oct. 21

COPPERTREE GLOBAL: Members' Final Meeting Set for Nov. 7
GENERAL RISK: Creditors' Proofs of Debt Due Oct. 19
GENERAL RISK: Members' Final Meeting Set for Nov. 9
GLOBAL CROSSING: S&P Withdraws 'B' Corporate Credit Rating
SENERGY RE: Creditors' Proofs of Debt Due Oct. 26

SENERGY RE: Member to Receive Wind-Up Report on Nov. 9
SIGRUN LTD: Creditors' Proofs of Debt Due Oct. 19
SIGRUN LTD: Members' Final Meeting Set for Nov. 8


C A Y M A N   I S L A N D S

BLACKROCK US DOLLAR: Creditors' Proofs of Debt Due Oct. 26
CREDIPIA 2006 PLUS: Creditors' Proofs of Debt Due Oct. 26
CREDIPIA 2006 PLUS: Creditors' Proofs of Debt Due Oct. 26
DLH OFFSHORE: Creditors' Proofs of Debt Due Oct. 26
DULOXETINE HOLDCO: Creditors' Proofs of Debt Due Oct. 26

HURLSTONE HOLDINGS: Placed Under Voluntary Wind-Up
P2 BLITZ: Creditors' Proofs of Debt Due Oct. 17
PCE FAST: Creditors' Proofs of Debt Due Oct. 26
PLEIADES CAYMAN: Creditors' Proofs of Debt Due Oct. 26
RAB OCTANE: Creditors' Proofs of Debt Due Oct. 17

SELECT INVESTMENT: Creditors' Proofs of Debt Due Oct. 24
TREMONT MARKET: Creditors' Proofs of Debt Due Oct. 26
TREMONT OPPORTUNITY: Creditors' Proofs of Debt Due Oct. 26
US CORE: Creditors' Proofs of Debt Due Oct. 26
XANTHUS EUROPEAN: Creditors' Proofs of Debt Due Oct. 26

XANTHUS GERMANY: Creditors' Proofs of Debt Due Oct. 26


J A M A I C A

* JAMAICA: Trade Deficit Widens 28% in First Half 2011


P U E R T O   R I C O

FIRSTBANK PUERTO RICO: S&P Hikes Counterparty Rating to 'B+'
HOTEL AIRPORT: Employs RS & Associates as External Auditor


X X X X X X X X

* Upcoming Meetings, Conferences and Seminars


                            - - - - -


=================
A R G E N T I N A
=================


* ARGENTINA: Creditors Seek US$8.9BB Within 3 Years, Nacion Says
----------------------------------------------------------------
James Attwood at Bloomberg News reports that La Nacion revealed
that the Paris Club group of creditor nations wants Argentina to
pay back US$8.9 billion in defaulted debt within three years.

The newspaper said that the government of President Cristina
Fernandez de Kirchner must make a significant initial payment,
according to Bloomberg.  The report relates that the two sides
haven't made progress in reaching an agreement.

As reported in the Troubled Company Reporter-Latin America on
Jan. 6, 2011, Bloomberg said that the Wall Street Journal posted
on its Web site that Argentina has prepared a proposal and will
meet with Paris Club representatives over the amount of debt it
owes to sovereign creditors.  Bloomberg related that Argentina
wants to resolve negotiations with the Paris Club group over
defaulted debt before April to help boost investment in the
economy.  Economy Minister Amado Boudou will seek to agree on a
negotiating schedule with the Paris Club over about US$6.7 billion
in defaulted debt in the first half of December; Finance Secretary
Hernan Lorenzino told the news agency in an interview.  An accord
would remove an "obstacle" to investment in Argentina by companies
in energy and infrastructure, Mr. Lorenzino added, Bloomberg
related.

                           *     *     *

As reported in the Troubled Company Reporter-Latin America on
Jul 29, 2011, Fitch Ratings affirmed the Issuer Default Ratings
and Country Ceiling for Argentina at 'B'


=============
B E R M U D A
=============


BLUEWATER PRIVATE: Creditors' Proofs of Debt Due Nov. 10
--------------------------------------------------------
The creditors of Bluewater Private Trustee Company, Ltd. are
required to file their proofs of debt by Nov. 10, 2011, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Sept. 15, 2011.

The company's liquidator is:

         Michael J. Mello
         c/o Mello Jones & Martin
         Thistle House, 4 Burnaby Street
         Hamilton HM 11
         Bermuda


BLUEWATER PRIVATE: Member to Receive Wind-Up Report on Nov. 17
--------------------------------------------------------------
The member of Bluewater Private Trustee Company, Ltd. will receive
on Nov. 17, 2011, at 3:00 p.m., the liquidator's report on the
company's wind-up proceedings and property disposal.

The company's liquidator is:

         Michael J. Mello
         c/o Mello Jones & Martin
         Thistle House, 4 Burnaby Street
         Hamilton HM 11
         Bermuda


CONCEPT CAPITAL: Creditors' Proofs of Debt Due Oct. 25
------------------------------------------------------
The creditors of Concept Capital Ltd. are required to file their
proofs of debt by Oct. 25, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Oct. 4, 2011.

The company's liquidator is:

         Nicholas Hoskins
         Victoria Place, 31 Victoria Street
         Hamilton HM 10
         Bermuda


CONCEPT CAPITAL: Members' Final Meeting Set for Nov. 10
-------------------------------------------------------
The members of Concept Capital Ltd. will hold their final meeting
on Nov. 10, 2011, at 10:00 a.m., to receive the liquidator's
report on the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Nicholas Hoskins
         Victoria Place, 31 Victoria Street
         Hamilton HM 10
         Bermuda


COPPERTREE GLOBAL: Creditors' Proofs of Debt Due Oct. 21
--------------------------------------------------------
The creditors of CopperTree Global Opportunities (Class A) Fund
Ltd. are required to file their proofs of debt by Oct. 21, 2011,
to be included in the company's dividend distribution.

The company commenced wind-up proceedings on Oct. 4, 2011.

The company's liquidator is:

         Roderick M. Forrest
         Victoria Place, 31 Victoria Street
         Hamilton
         Bermuda


COPPERTREE GLOBAL: Members' Final Meeting Set for Nov. 7
--------------------------------------------------------
The members of CopperTree Global Opportunities (Class A) Fund Ltd.
will hold their final meeting on Nov. 7, 2011, at 10:00 a.m., to
receive the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Roderick M. Forrest
         Victoria Place, 31 Victoria Street
         Hamilton
         Bermuda


GENERAL RISK: Creditors' Proofs of Debt Due Oct. 19
---------------------------------------------------
The creditors of General Risk Insurance Company Ltd. are required
to file their proofs of debt by Oct. 19, 2011, to be included in
the company's dividend distribution.

The company commenced wind-up proceedings on Oct. 3, 2011.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


GENERAL RISK: Members' Final Meeting Set for Nov. 9
---------------------------------------------------
The members of General Risk Insurance Company Ltd. will hold their
final meeting on Nov. 9, 2011, at 10:00 a.m., to receive the
liquidator's report on the company's wind-up proceedings and
property disposal.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House
         2 Church Street, Hamilton HM 11
         Bermuda


GLOBAL CROSSING: S&P Withdraws 'B' Corporate Credit Rating
----------------------------------------------------------
Standard & Poor's Ratings Services withdrew its 'B' corporate
credit rating on Bermuda-based Global Crossing Ltd. (GCL). This
action follows the completion of Level 3's acquisition of GCL on
October 4, 2011.

At the same time, the issue-level and recovery ratings on GCL's
outstanding debt are unaffected by the withdrawal of the corporate
credit rating. Level 3 plans to redeem all of GCL's debt in early
November. Specifically, Level 3 said it would redeem 35% of the
GCL 12% senior notes due 2015 and 35% of the GCL senior notes due
2019 on Nov. 3, with the remaining 65% of each issue redeemed on
Nov. 4. The GCUK notes due 2014 would be redeemed on Nov 3. "We
will withdraw the issue-level and recovery ratings on the GCL debt
when this redemption occurs," S&P said.


SENERGY RE: Creditors' Proofs of Debt Due Oct. 26
-------------------------------------------------
The creditors of sEnergy Re Limited are required to file their
proofs of debt by Oct. 26, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Sept. 27, 2011.

The company's liquidator is:

         Kehinde A. L. George
         Crawford House, 50 Cedar Avenue
         Hamilton HM 11
         Bermuda


SENERGY RE: Member to Receive Wind-Up Report on Nov. 9
------------------------------------------------------
The member of sEnergy Re Limited will receive on Nov. 9, 2011, at
12:00 noon the liquidator's report on the company's wind-up
proceedings and property disposal.

The company's liquidator is:

         Kehinde A. L. George
         Crawford House, 50 Cedar Avenue
         Hamilton HM 11
         Bermuda


SIGRUN LTD: Creditors' Proofs of Debt Due Oct. 19
-------------------------------------------------
The creditors of Sigrun, Ltd. are required to file their proofs of
debt by Oct. 19, 2011, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on Sept. 29, 2011.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, 2 Church Street
         Hamilton HM 11
         Bermuda


SIGRUN LTD: Members' Final Meeting Set for Nov. 8
-------------------------------------------------
The members of Sigrun, Ltd. will hold their final meeting on
Nov. 8, 2011, at 9:30 a.m., to receive the liquidator's report on
the company's wind-up proceedings and property disposal.

The company's liquidator is:

         Robin J. Mayor
         Clarendon House, 2 Church Street
         Hamilton HM 11
         Bermuda


===========================
C A Y M A N   I S L A N D S
===========================


BLACKROCK US DOLLAR: Creditors' Proofs of Debt Due Oct. 26
----------------------------------------------------------
The creditors of Blackrock US Dollar Enhanced Libor Bond Fund Ltd.
are required to file their proofs of debt by Oct. 26, 2011, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 8, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


CREDIPIA 2006 PLUS: Creditors' Proofs of Debt Due Oct. 26
---------------------------------------------------------
The creditors of Credipia 2006 Plus One A International Limited
are required to file their proofs of debt by Oct. 26, 2011, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 1, 2011.

The company's liquidator is:

         Walkers SPV Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


CREDIPIA 2006 PLUS: Creditors' Proofs of Debt Due Oct. 26
---------------------------------------------------------
The creditors of Credipia 2006 Plus One B International Limited
are required to file their proofs of debt by Oct. 26, 2011, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 1, 2011.

The company's liquidator is:

         Walkers SPV Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


DLH OFFSHORE: Creditors' Proofs of Debt Due Oct. 26
---------------------------------------------------
The creditors of DLH Offshore Fund, Ltd. are required to file
their proofs of debt by Oct. 26, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 1, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


DULOXETINE HOLDCO: Creditors' Proofs of Debt Due Oct. 26
--------------------------------------------------------
The creditors of Duloxetine Holdco Royalty Sub are required to
file their proofs of debt by Oct. 26, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on August 30, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


HURLSTONE HOLDINGS: Placed Under Voluntary Wind-Up
--------------------------------------------------
On Sept. 1, 2011, the Grand Court of Cayman Islands entered an
order to voluntarily wind up the operations of Hurlstone Holdings
Ltd.

The company's liquidators are:

         Stuart Sybersma
         Michael Pearson
         Deloitte & Touche
         P.O. Box 1787, Grand Cayman KY1-1109
         Cayman Islands


P2 BLITZ: Creditors' Proofs of Debt Due Oct. 17
-----------------------------------------------
The creditors of P2 Blitz Nara Holding KY GP Ltd. are required to
file their proofs of debt by Oct. 17, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 13, 2011.

The company's liquidator is:

         CDL Company Ltd.
         P.O. Box 31106 Grand Cayman KY1-1205
         Cayman Islands


PCE FAST: Creditors' Proofs of Debt Due Oct. 26
-----------------------------------------------
The creditors of PCE Fast Fund Limited are required to file their
proofs of debt by Oct. 26, 2011, to be included in the company's
dividend distribution.

The company commenced liquidation proceedings on Aug. 25, 2011.

The company's liquidator is:

         DMS Corporate Services Ltd.
         c/o Bernadette Bailey-Lewis
         Telephone: (345) 946 7665
         Facsimile: (345) 946 7666
         dms Corporate Services Ltd.
         dms House, 2nd Floor
         P.O. Box 1344 Grand Cayman KY1-1108
         Cayman Islands


PLEIADES CAYMAN: Creditors' Proofs of Debt Due Oct. 26
------------------------------------------------------
The creditors of Pleiades Cayman Limited are required to file
their proofs of debt by Oct. 26, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 6, 2011.

The company's liquidator is:

         Walkers SPV Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


RAB OCTANE: Creditors' Proofs of Debt Due Oct. 17
-------------------------------------------------
The creditors of RAB Octane SPC Limited are required to file their
proofs of debt by Oct. 17, 2011, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Sept. 26, 2011.

The company's liquidator is:

         Avalon Management Limited
         Reference: GL
         Telephone: (+1) 345 769 4422
         Facsimile: (+1) 345 769 9351
         Landmark Square
         1st Floor, 64 Earth Close
         West Bay Beach
         PO Box 715, George Town
         Grand Cayman KY1-1107
         Cayman Islands


SELECT INVESTMENT: Creditors' Proofs of Debt Due Oct. 24
--------------------------------------------------------
The creditors of Select Investment Strategies Limited are required
to file their proofs of debt by Oct. 24, 2011, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 1, 2011.

The company's liquidator is:

         URS Beat Brugger
         38 Hertford Street
         W1J 7SG, London
         Telephone:  +44 (0) 2074938366
         Facsimile: +44 (0) 2074938377
         38 Hertford Street
         W1J 7SG, London
         United Kingdom


TREMONT MARKET: Creditors' Proofs of Debt Due Oct. 26
-----------------------------------------------------
The creditors of Tremont Market Neutral Fund Holdings Limited are
required to file their proofs of debt by Oct. 26, 2011, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 8, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


TREMONT OPPORTUNITY: Creditors' Proofs of Debt Due Oct. 26
----------------------------------------------------------
The creditors of Tremont Opportunity Fund Holdings Limited are
required to file their proofs of debt by Oct. 26, 2011, to be
included in the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 8, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


US CORE: Creditors' Proofs of Debt Due Oct. 26
----------------------------------------------
The creditors of US Core Globalalpha Bond Fund Ltd. are required
to file their proofs of debt by Oct. 26, 2011, to be included in
the company's dividend distribution.

The company commenced liquidation proceedings on Sept. 7, 2011.

The company's liquidator is:

         Walkers Corporate Services Limited
         Walker House, 87 Mary Street, George Town
         Grand Cayman KY1-9005
         Cayman Islands
         c/o Jennifer Chailler
         Telephone: (345) 814 6847


XANTHUS EUROPEAN: Creditors' Proofs of Debt Due Oct. 26
-------------------------------------------------------
The creditors of Xanthus European Fund Limited are required to
file their proofs of debt by Oct. 26, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 26, 2011.

The company's liquidator is:

         Julian Lloyd Vine
         Lainston International Management (Cayman) Limited
         Telephone: (345) 943 1206


XANTHUS GERMANY: Creditors' Proofs of Debt Due Oct. 26
------------------------------------------------------
The creditors of Xanthus Germany Fund Limited are required to file
their proofs of debt by Oct. 26, 2011, to be included in the
company's dividend distribution.

The company commenced liquidation proceedings on Sept. 26, 2011.

The company's liquidator is:

         Julian Lloyd Vine
         Lainston International Management (Cayman) Limited
         Telephone: (345) 943 1206


=============
J A M A I C A
=============

* JAMAICA: Trade Deficit Widens 28% in First Half 2011
------------------------------------------------------
RJR News reports that Jamaica's trade deficit widened by 28% to
US$2.3 billion at the end of June 2011 as oil and food price
increases push up import costs.

Oil, which is the biggest import, saw its cost rising 56% while
food jumped 11%, according to RJR News.  The report relates that
in all, oil and food both contributed to an import bill which in
six months reached US$3.1 billion.

RJR News discloses that at the other end, exports rose as well to
reach US$842 million as bauxite exports recovered with the
reopening of closed plants.

As reported in the Troubled Company Reporter-Latin America on
Sept. 22, 2011, RJR News said that Jamaica's trade deficit with
the region widened by more than 70% between January and May.  The
wider deficit came as imports rose 64% and exports fell slightly,
according to RJR News.  The report related that imports from the
region totaled US$479 million dollars, representing about 20% of
Jamaica's purchases from abroad.  Exports were at US$27 million,
the report noted.

                          *     *     *

As reported in the Troubled Company Reporter-Latin America on
July 29, 2011, in its annual report on Jamaica's sovereign
ratings, Moody's Investors Service said its Jamaica's B3 foreign-
and local-currency government bond ratings and stable outlook
reflect the country's low economic development, moderate
institutional strength, weak government finances, and high
susceptibility to shocks.


=====================
P U E R T O   R I C O
=====================


FIRSTBANK PUERTO RICO: S&P Hikes Counterparty Rating to 'B+'
------------------------------------------------------------
Standard & Poor's Ratings Services removed the counterparty credit
rating on FirstBank Puerto Rico from CreditWatch, where it was
placed with positive implications on July 8, 2011, and raised the
rating to 'B+' from 'CCC+'. The outlook is stable.

First BanCorp announced that it has completed the planned capital
increase of US$525 million of common stock to institutional
investors.  Private-equity firms Thomas H. Lee Partners L.P. (not
rated) and Oaktree Capital Management L.P. (A-/Stable/A-2) will
each own 24.9% of the bank following the transaction.  In
addition, the U.S. Treasury has converted its Troubled Assets
Relief Program (TARP)-related preferred stock to common shares,
per its agreement to do so if management could raise at least
US$350 million in common equity.  In total, the bank will increase
common equity by roughly US$835 million.

The increase in capital and the conversion will dramatically
improve the bank's capital ratios.  As of June 30, 2011, the bank
estimated that the increase raises its holding company's Tier 1
capital and tangible common equity ratios to 15.5% from 11.1% and
to 9.5% from 3.8%, respectively.  "Our risk-adjusted capital ratio
(RAC), before diversification adjustments, increases to 14.8% from
5.8%," S&P said.

"We believe that FirstBank now has the much-needed capital to
absorb what we expect will be higher losses for the next several
quarters," said Standard & Poor's credit analyst Kevin Cole.
"FirstBank has reduced its troubled loan exposures through charge-
offs and sales, but we expect that substantial losses will
continue absent a strong economic recovery.  As of June 30, 2011,
FirstBank's nonperforming assets (including more-than-90-days
delinquent and restructured loans) stood at 15.7% of total loans."

"Although the bank is still under the Federal Deposit Insurance
Corp.'s (FDIC) consent order, we expect that the increase in
capital will further stabilize its franchise.  The additional
capital should allow the bank to pursue the profitable lines of
lending that it was forced to curtail to lower its risk-weighted
assets," S&P said.

"We expect that asset quality will somewhat stabilize in the
coming quarters.  However, we do not see the bank returning to
profitability in the near term. If the bank's nonperforming assets
increase to more than 20% while the bank is unable to return to
profitability, we could lower the rating.  If asset quality
deterioration was to reverse for a sustained period and we
expected profitability would likely be stable, we could raise the
rating," S&P said.


HOTEL AIRPORT: Employs RS & Associates as External Auditor
----------------------------------------------------------
Hotel Airport, Inc. sought and obtained authority to employ RS &
Assoc. - PSC as external auditors to perform auditing services.

The Debtor will pay based on the firm's US$125 hourly rate for
partners; US$110 for directors; US$90 for managers; and US$75 for
other staff members.  The Debtor will also reimburse the firm's
necessary out-of-pocket expenses.

                        About Hotel Airport

Hotel Airport Inc., in San Juan, Puerto Rico, filed for Chapter 11
bankruptcy (Bankr. D. P.R. Case No. 11-06620) on Aug. 5, 2011.
Judge Enrique S. Lamoutte Inclan oversees the case.  Edgardo
Munoz, PSC, serves as bankruptcy counsel.  The Debtor disclosed
US$8,547,993 in assets and US$171,169,392 in liabilities as of the
Chapter 11 filing.  The petition was signed by David Tirri, its
president.


===============
X X X X X X X X
===============


* Upcoming Meetings, Conferences and Seminars
---------------------------------------------

Oct. __, 2011
AMERICAN BANKRUPTCY INSTITUTE
   International Insolvency Symposium
      Dublin, Ireland
         Contact: 1-703-739-0800; http://www.abiworld.org/

Oct. 25-27, 2011
TURNAROUND MANAGEMENT ASSOCIATION
   Hilton San Diego Bayfront, San Diego, CA
      Contact: http://www.turnaround.org/

Dec. 1-3, 2011
AMERICAN BANKRUPTCY INSTITUTE
   23rd Annual Winter Leadership Conference
      La Quinta Resort & Spa, La Quinta, Calif.
         Contact: 1-703-739-0800; http://www.abiworld.org/

April 3-5, 2012
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Spring Conference
      Grand Hyatt Atlanta, Atlanta, Ga.
         Contact: http://www.turnaround.org/

Apr. 19-22, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Annual Spring Meeting
      Gaylord National Resort & Convention Center,
      National Harbor, Md.
         Contact: 1-703-739-0800; http://www.abiworld.org/

July 14-17, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Southeast Bankruptcy Workshop
      The Ritz-Carlton Amelia Island, Amelia Island, Fla.
         Contact: 1-703-739-0800; http://www.abiworld.org/

Aug. 2-4, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Mid-Atlantic Bankruptcy Workshop
      Hyatt Regency Chesapeake Bay, Cambridge, Md.
         Contact: 1-703-739-0800; http://www.abiworld.org/

November 1-3, 2012
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Annual Convention
      Westin Copley Place, Boston, Mass.
         Contact: http://www.turnaround.org/

Nov. 29 - Dec. 2, 2012
AMERICAN BANKRUPTCY INSTITUTE
   Winter Leadership Conference
      JW Marriott Starr Pass Resort & Spa, Tucson, Ariz.
         Contact: 1-703-739-0800; http://www.abiworld.org/

April 10-12, 2013
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Spring Conference
      JW Marriott Chicago, Chicago, Ill.
         Contact: http://www.turnaround.org/

October 3-5, 2013
TURNAROUND MANAGEMENT ASSOCIATION
   TMA Annual Convention
      Marriott Wardman Park, Washington, D.C.
         Contact: http://www.turnaround.org/


                            ***********


Monday's edition of the TCR-LA delivers a list of indicative
prices for bond issues that reportedly trade well below par.
Prices are obtained by TCR-LA editors from a variety of outside
sources during the prior week we think are reliable.   Those
sources may not, however, be complete or accurate.  The Monday
Bond Pricing table is compiled on the Friday prior to publication.
Prices reported are not intended to reflect actual trades.  Prices
for actual trades are probably different.  Our objective is to
share information, not make markets in publicly traded securities.
Nothing in the TCR-LA constitutes an offer or solicitation to buy
or sell any security of any kind.  It is likely that some entity
affiliated with a TCR-LA editor holds some position in the
issuers' public debt and equity securities about which we report.

Tuesday's edition of the TCR-LA features a list of companies with
insolvent balance sheets obtained by our editors based on the
latest balance sheets publicly available a day prior to
publication.  At first glance, this list may look like the
definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Thursday's edition of the TCR-LA. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com


                            ***********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter-Latin America is a daily newsletter
co-published by Bankruptcy Creditors' Service, Inc., Fairless
Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick,
Maryland USA, Marites O. Claro, Joy A. Agravante, Rousel Elaine T.
Fernandez, Valerie U. Pascual, Psyche A. Castillon, Ivy B.
Magdadaro, Frauline S. Abangan, and Peter A. Chapman, Editors.

Copyright 2011.  All rights reserved.  ISSN 1529-2746.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Latin America subscription rate is US$625 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for members
of the same firm for the term of the initial subscription or
balance thereof are US$25 each.  For subscription information,
contact Christopher Beard at 240/629-3300.


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